CBRE Group qrtly profit up as revenue rises 21 pct

CBRE Group Inc , one of the world’s largest real estate service companies, said its third-quarter net income rose 12 percent, citing growth in its unit that manages real estate needs for corporations and property sales brokerage business in the Americas.
Third-quarter net income rose to $63.8 million, or 20 cents a share, from $57.0 million, or 18 cents a share, in the year-earlier quarter, the company, formerly called CB Richard Ellis Group Inc, said on Thursday………………………………………..Full Article: Source